Fisgard Asset Management | Mortgage Products for SK

First Mortgages

LTV	SIMPLICITY
LTV	RATE	LENDER FEE
Up to 75%	8.49%	0%
LTV	FLEXIBILITY
LTV	RATE	LENDER FEE
Up to 75%	7.49%	1%
Up to 75%	6.49%	2%

Subject to change without notice.

DISCLAIMER:
*20bps reduction on Simplicity rate illustrated
*Denotes the base rate and could increase depending on deal specifics. Flexibility Pricing offers additional rate & fee options not shown.

Need to Know

First Mortgages
- 75% Max LTV – Owner occupied SFD/Duplexes/Townhomes
- 70% Max LTV – Rental SFD/Duplexes/Townhomes
- 60% Max LTV – Condos
- High-end scale applies
- No minimum beacon
- Not set GDS/TDS
- Show us a reasonable ability to pay
Terms and Conditions
- ONE-YEAR TERM – Fully open
- TWO-YEAR TERM – First year closed (three-month interest pre-payment), second year FULLY OPEN. 0.25% rate premium.
- PAYMENTS – Interest Only or P/I Amortized available
- RENEWALS – No Renewal Fee on 1st renewal, if paid as agreed and value has not declined. Appraisal may be required. Rate increase may apply.
- APPRAISALS – Fisgard’s appraiser’s list, RPS, NAS, or Value Connect
- CREDIT BUREAUS – Equifax or TransUnion accepted
- RATE SURCHARGES – Rental/holdco properties, high value, poor credit, two year terms
- BROKER FEE – Tell us what your fee is! We’ll include it in our commitment, disclose it appropriately and pay you on funding

Reaza Ali

National Broker Relations Manager

416-712-9680

Reaza Ali

National Broker Relations Manager

416-712-9680
Email

Book a Meeting with Reaza

Reaza has an extensive background in mortgage underwriting, brokering, investment and insurance sales along with a wealth of business development.

He is currently Vice President of CMBA-Ontario and an active member of Mortgage Professionals Canada, the Northern Ontario Lending Partners and the Eastern Ontario Lenders Association. Reaza provides education and support through speaking engagements and has helped develop educational material for the benefit of all mortgage industry participants.
Recognized as an industry leader, Reaza has received numerous industry awards. Most notable of these was being honoured as BDM of the Year at both the Canadian Mortgage Awards and the Mortgage Awards of Excellence. He was also part of the team when Fisgard received the Mortgage Awards of Excellence Lender of the Year (MIC/Private Lender) in 2019, 2020 and 2021 and is regularly highlighted in CMP’s magazines Industry Hotlist and Top BDMs.

In his personal time Reaza enjoys sports, travel, exploring, fast cars, watching his boys grow and learn and having quiet moments in which to think and reflect.